jameyap32 (OP)
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November 08, 2017, 02:59:46 AM |
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What's the difference between bitcoins/ethereum and coins?
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pooya87
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November 08, 2017, 03:20:30 AM |
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bitcoin is a currency.
ethereum is a token to be used for smart contracts.
there are lots of other technical differences too. such as the supply, mining, block time, block size, ... what is is exactly you are looking for?
other coins are altcions which do a wide range of different things. some are tokens like ETH, some try to be currencies. but there are a lot of differences between them in technology, usage, advantages and disadvantages.
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tgPowell
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November 08, 2017, 05:57:21 AM |
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Each coin and token have their own unique qualities. Although of course there are coins without significant differences.
Read the specification of each one which interests to understand how they differ
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odolvlobo
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November 08, 2017, 06:23:35 AM |
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"coin" is just a nickname for a cryptocurrency.
"I bought some coins from Coinbase today. I spent $100 on bitcoins, $100 on litecoins, and $100 on ether".
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jasondublinkun
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November 08, 2017, 07:34:14 AM |
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They both represent a technology, and a currency.
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mcstan09
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November 08, 2017, 08:55:07 AM |
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They both represent a technology, and a currency
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Bobby_D
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November 08, 2017, 09:06:33 AM |
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These are different technologies, for different purposes. The most advanced ones.
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Seansky
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November 08, 2017, 09:10:21 AM |
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What's the difference between bitcoins/ethereum and coins?
The difference between bitcoin, ethereum and any other coin is their usability and technology. Bitcoin is a cryptocurrency that is made to be used as a medium to transactions without needing a middlemen. Ethereum on the other hand, is a cryptocurrency that is created in order to run smart contracts on their block chain. Several other altcoins have different kind of usage too but to sum it up, they are crypt I currencies different from each other, created for different purposes. |
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scorpionso
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November 08, 2017, 12:32:49 PM |
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and altcoins mostly use for supporting projects etc.
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jekjekman
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November 08, 2017, 11:20:26 PM |
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What's the difference between bitcoins/ethereum and coins?
Bitcoin are the father of all cryptocurrencies and it is the first one so the other succeeding cryptocurrencies are called 'Altcoins', Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Coins is the term used to call different kinds of cryptocurrencies and it is different from token so don't be confuse. |
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naitik01
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November 09, 2017, 04:25:57 PM |
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Bitcoin is the parent of the entire crypto currency.Some are tokens like ETH, altcoin some try to be currencies, is a token to be used for small contact.
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gomei
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November 09, 2017, 04:28:20 PM |
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Bitcoin is the parent of the entire crypto currency.Some are tokens like ETH, altcoin some try to be currencies, is a token to be used for small contact.
I like this vivid explanation, the bitcoin is the parent, and the altcoins are just the children, also you can see that the marketcap of bitcoin are much bigger than other altcoins. |
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Snarks
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November 09, 2017, 04:36:15 PM |
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Bitcoin is the parent of the entire crypto currency.Some are tokens like ETH, altcoin some try to be currencies, is a token to be used for small contact.
I like this vivid explanation, the bitcoin is the parent, and the altcoins are just the children, also you can see that the marketcap of bitcoin are much bigger than other altcoins. Did you know the Spanish dollar is the father of the American dollar, the Canadian dollar, the Japanese yen, the Chinese yuan and the Philippine peso? Is the market cap of the Spanish dollar currently larger or smaller than its children? |
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tyuner4
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November 09, 2017, 04:46:53 PM |
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BTC and altcoins are coins created by different people and for different purposes. IMO, BTC is the most famous among all coins and the oldest coin since 2008.
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jatin729
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November 09, 2017, 05:04:48 PM |
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Bitcoin is master currency in entire crypto world. But now a days altcoins are also showing roar against btc but still altcoins vary behind btc if we compare ETH and BtC.
But in future we can't say that which altcoins currency will make tough competition for BTC.
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disconnectme
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November 09, 2017, 05:10:03 PM |
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bitcoin is a currency.
ethereum is a token to be used for smart contracts.
there are lots of other technical differences too. such as the supply, mining, block time, block size, ... what is is exactly you are looking for?
other coins are altcions which do a wide range of different things. some are tokens like ETH, some try to be currencies. but there are a lot of differences between them in technology, usage, advantages and disadvantages.
Your Avatar remind me of that mini-drama, just imagine those sitting in that room had listen to that advise some of them will be in huge profit by now. Bitcoin is just starting |
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